I think I’m ready to buy a house – how can New Development Corporation help?
We are pleased to help you on your path to home ownership!
If you want to purchase one of the houses we have built or rehabilitated, we can help with everything from finding down payment assistance, to completing inspections, and finalizing the sale!
Maybe you are already dealing with a realtor and just need to find a lender? We work with many lenders locally and would be happy to help you find a good match.
Where do you get your funding?
We have a variety of grants and funders, including the Michigan State Housing Development Authority (MSHDA), the City of Grand Rapids, as well as individual donors and supporters.
Can you help me with the rehabilitation of my current house?
As an implementing agency for MSHDA (MI State Housing Development Authority) grants, New Development Corp has successfully assisted homeowners across Grand Rapids with energy efficiency, health/safety, and curb appeal improvements.
Although the current grant program has closed, we are happy to put you on our waitlist for the next funding opportunity. Contact nicole@newdevelopmentcorp.org for more information.
Do I need a realtor to buy one of your houses?
Not necessarily, but we welcome your realtor if you have one. Some homebuyers use a realtor, others do not.
Current Schedule of Income Limits for Purchasing NDC Homes
Income Eligibility
Household Size Maximum Household Income
1 $59,600
2 $68,100
3 $76,600
4 $85,100
5 $91,950
6 $98,750
Income limits are subject to change without notice.